Thank you roj leather and Simon for your recommendations. I like the hanging chair and the almanda creeper on the wall. This will certainly liven up the patio.

Perhaps a large round table might mean a rug is not at all necessary. It could be a metal tray table, or carved wood like Rebecca Mitchell Interiors illustrates. Ideas also to consider, using multiple tables can be found at http://www.houzz.com/multiple-coffee-tables. I also agree with comments above that some color is needed on the walls. You could then hang round mirrors, or an unusual curved shape like RMI shows above.

In that space you will only really have room for some seating and a DR table and chairs I would be looking fo a long low shallow unit for the media pieces and hang the T.V. on the wall 10.5 ' is very narrow. The room in these pics is almost exactly the same size as yours , if you see where the empty fireplace is that is where I would put your T.V. and then wap the bench for the sofa .

Thank you IDUS Furniture store for looking into my query.I have a doubt ,if I paint my front wall where those 2 chairs are kept,is it mandate to paint a L shape wall behind sofa? if yes, should I be going with the same color as the front wall? Just FYI- I have a brown and beige ceiling and was planning to paint my bedroom doors with darker shades